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Poverty and profit in the american city5/20/2023 For four months, unemployed Americans received $600 a week on top of their regular stipend, nearly tripling the average amount of the benefit. It expanded the time window in which laid-off workers could collect unemployment and, in a rare recognition of the inadequacy of the benefit, added supplementary payments. The federal government responded to this free fall with bold and immediate relief. During the week of March 16, 2020, more than 3.3 million Americans did. During the worst week of the Great Recession of the late Aughts, 661,000 Americans filed for unemployment insurance. Between February and April 2020, the unemployment rate doubled-then it doubled again. Social distancing protocols caused businesses to shutter, and millions of Americans lost their jobs. Three years ago, the Covid-19 pandemic struck the United States, and the economy sputtered in the direction of collapse.
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